Nifty holds 8100, Sensex firm; Lupin gains 2%, Idea surges 4%

The market has maintained its uptrend in noon trade with the Nifty trading above 8100 level amid consolidation, supported by FMCG, infra, pharma and telecom stocks.

The Sensex rose 58.53 points to 26461.49 and the Nifty gained 16.60 points at 8111.30. The market breadth remained positive as about two shares advanced for every share declining on Bombay Stock Exchange.

Lupin, Hindustan Unilever, Idea Cellular, Eicher Motors and Bharti Infratel gained 2-4 percent while Tata Motors and Tata Motors (DVR) fell 2 percent each.

 Oil prices rose in Asia as a looming strike in Norway threatened to cut output in western Europe's biggest producer, although Britain's vote to leave the European Union was still weighing on markets. Brent crude futures were trading at USD 47.79 a barrel, up 1.34 percent. 

The market has maintained its uptrend in noon trade with the Nifty trading above 8100 level amid consolidation, supported by FMCG, infra, pharma and telecom stocks. The Sensex rose 58.53 points to 26461.49 and the Nifty gained 16.60 points at 8111.30. The market breadth remained positive as about two shares advanced for every share declining on Bombay Stock Exchange. Lupin, Hindustan Unilever, Idea Cellular, Eicher Motors and Bharti Infratel gained 2-4 percent while Tata Motors and Tata Motors (DVR) fell 2 percent each. Oil prices rose in Asia as a looming strike in Norway threatened to cut output in western Europe's biggest producer, although Britain's vote to leave the European Union was still weighing on markets. Brent crude futures were trading at USD 47.79 a barrel, up 1.34 percent.

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